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Accounting for History uses the accounting interpretation of Marx's theories of history and value to explain and defend his prediction of the inevitability of socialism as the end of history. In addition to the technological and institutional development of advanced capitalism, Bryer argues that the key necessary conditions, are that workers see through capitalist ideology, understanding that Marx's theory of value explains why the phenomenal forms appearing in capitalist accounts are distortions of the underlying social reality, and that demystified accounting is integral to his concept of socialism on Day One. To get to Day One, the book concludes, Marx left Marxists the tasks of critical accounting.
This book confirms and builds on the Temporal Single-System Interpretation's demonstration of Marx's consistency. This book shows that he used his theory of value to explain capitalists' accounts, and concludes that explaining accounting justifies Marx's claim that he had "proved" his theory of value.
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